The Worldwide Bathtub Industry is Expected to Reach $8.9 Billion by 2027

DUBLIN, Feb. 15, 2022 /PRNewswire/ -- The "Bathtub Market by Type, Material End User and Distribution Channel: Global Opportunity Analysis and Industry Forecast 2021-2027" report has been added toResearchAndMarkets.com's offering.

The bathtub market size was valued at $7.6 billion in 2019, and is estimated to reach $8.9 billion by 2027, registering a CAGR of 4.3% from 2021 to 2027.A bathtub, also known simply as a tub, is a container for holding water in which a person or animal may bath. Most modern bathtubs are made of thermoformed acrylic, porcelain enamelled steel, fiberglass-reinforced polyester, or porcelain enamelled cast iron. They are manufactured in different shapes and style, which can go flexibly according to the customer choice.Using bathtub leads to various body and skin health benefits, which is one of the major driving factors of the bathtubs market. Furthermore, introduction of new technologies in the market by the key market players to provide better bathing experience to its customers fuel the market growth. Recently a new product has been launched which provides chromo therapy in bathtub. This feature help relax and enhance mental and physical health of the consumer. As chromo therapy is known for its colorful light treatment, which is very effective in triggering hunger and helps in relaxing the mood. Thus, by combining the hydro therapy with chromo therapy have proven to provide an effective mental and physical relief for the customers at home.Growth in urbanization and increase in purchasing power parity are anticipated to provide lucrative opportunity to the market. According to the World Bank, the urbanization ratio is likely to rise in the near future. Furthermore, urbanization will lead to rise in disposable income, which will fuel the demand for bathtub in future. People are moving toward urban areas, which is directly improving the standard of living of the customers. Thus, as the standard of living will improve, the demand for bathtub installation will also rise, driving the demand for bathtubs in the near future.COVID-19 was declared a pandemic by the WHO in the earlier half of 2020. The outbreak of coronavirus has significantly impacted not only various consumer goods industries but also all stages of the supply chain and value chain of various industries. In addition, the consumer goods industry is currently facing challenges due to halting of operations, which, in turn, has disrupted the economy of numerous countries. The offline sales segment has especially been impacted since specialty stores have been shut due to the lockdown and customer visits are entirely restricted. On the contrary, sales through e-commerce have experienced a rise during this phase.The global bathtub market is segmented on the basis of type, material, end user, distribution channel, and region. Based on type, the global market is divided into free-standing tubs, alcove tubs, drop-in tubs, and corner tubs. On the basis of material, the market is divided into marble, acrylic, ceramic, and others. On the basis of end user, it is bifurcated into residential and commercial. By distribution channel, the market is bifurcated into offline and online sales channel. Region wise, the global market is studied across North America, Europe, Asia-Pacific, and LAMEA. North America consists of the U.S., Canada, and Mexico. Europe is studied across the UK, Germany, France, Italy, Spain, and the rest of Europe. India, China, Japan, ASEAN, Australia, and the rest of Asia-Pacific are the countries analyzed under Asia-Pacific while LAMEA includes Brazil, Argentina, SAUDI ARABIA, South Africa, and rest of LAMEA.The global bathtub market is analyzed on the basis of its prospects and future growth rate. The report highlights numerous factors that influence the growth of the global bathtub market. These include market forecast, drivers, restraints, opportunities, and role of the key players operating in the market. The players operating in the global bathtub market have adopted various developmental strategies to increase their market share, increase profitability, and remain competitive in the market. The key players operating in the bathtub market include Americh, Inc., HSIL Limited, Jacuzzi Inc., Jaquar Group, Kohler Co., Ove Decors ULC, RAK Ceramics P.J.S.C., Roca Sanitario, S.A., TOTO Ltd., and Villeroy & Boch AG.Key Benefits

Key Topics Covered:CHAPTER 1: INTRODUCTIONCHAPTER 2: EXECUTIVE SUMMARYCHAPTER 3: MARKET OVERVIEW3.1. Market definition and scope3.2. Porter's five forces analysis3.2.1. Bargaining power of the suppliers3.2.2. Threat of new entrants3.2.3. Threat of substitute3.2.4. Intensity of rivalry3.2.5. Bargaining power of suppliers3.3. Market dynamics3.3.1. Drivers3.3.2. Multiple health and skin benefits associated with bathtub3.3.3. Expansion of the hospitality industry3.3.4. Rise in innovation3.3.5. Restraints3.3.5.1. Lack of space in common bathroom3.3.5.2. Adoption of walk-in showers3.3.6. Opportunities3.3.6.1. Bathtub fabrication is a trending manufacturing process3.3.6.2. Rapid urbanization and increase in purchasing power in developing countries3.4. Impact of COVID-193.4.1. Multiple scenario3.5. Value chain analysis3.6. Pricing analysis3.7. Parent market analysis3.8. Case study3.9. Consumer behavior analysisCHAPTER 4: BATHTUB MARKET, BY TYPE4.1. Overview4.1.1. Market size and forecast4.2. Freestanding bathtubs4.2.1. Key market trends, growth factors, and opportunities4.2.2. Market size and forecast4.2.3. Market analysis by country4.3. Alcove bathtub4.3.1. Key market trends, growth factors, and opportunities4.3.2. Market size and forecast4.3.3. Market analysis by country4.4. Drop-in bathtubs4.4.1. Key market trends, growth factors, and opportunities4.4.2. Market size and forecast4.4.3. Market analysis by country4.5. Corner bathtubs4.5.1. Key market trends, growth factors, and opportunities4.5.2. Market size and forecast4.5.3. Market analysis by countryCHAPTER 5: BATHTUB MARKET, BY MATERIAL5.1. Overview5.1.1. Market size and forecast5.2. Marble5.2.1. Key market trends, growth factors, and opportunities5.2.2. Market size and forecast5.2.3. Market analysis by country5.3. Acrylic5.3.1. Key market trends, growth factors, and opportunities5.3.2. Market size and forecast5.3.3. Market analysis by country5.4. Ceramic5.4.1. Key market trends, growth factors, and opportunities5.4.2. Market size and forecast5.4.3. Market analysis by country5.5. Others5.5.1. Key market trends, growth factors, and opportunities5.5.2. Market size and forecast5.5.3. Market analysis by countryCHAPTER 6: BATHTUB MARKET, BY END USER6.1. Overview6.1.1. Market size and forecast6.2. Residential6.2.1. Key market trends, growth factors, and opportunities6.2.2. Market size and forecast6.2.3. Market analysis by country6.3. Commercial6.3.1. Key market trends, growth factors, and opportunities6.3.2. Market size and forecast6.3.3. Market analysis by countryCHAPTER 7: BATHTUB MARKET, BY DISTRIBUTION CHANNEL7.1. Overview7.1.1. Market size and forecast7.2. Online7.2.1. Key market trends, growth factors, and opportunities7.2.2. Market size and forecast7.2.3. Market analysis by country7.3. Offline7.3.1. Key market trends, growth factors, and opportunities7.3.2. Market size and forecast7.3.3. Market analysis by countryCHAPTER 8: BATHTUB MARKET, BY REGIONCHAPTER 9: COMPETITION LANDSCAPE9.1. Top player positioning9.2. Top winning strategies9.3. Product mapping9.4. Competitive dashboard9.5. Competitive heatmap9.6. Key developments9.6.1. Acquisition9.6.2. Business expansion9.6.3. Joint venture9.6.4. Product LaunchCHAPTER 10: COMPANY PROFILES10.1. Introduction10.2. AMERICH, INC.10.2.1. Company overview10.2.2. Company snapshot10.2.3. Operating business segments10.2.4. Product portfolio10.2.5. Key Strategic Moves and developments10.3. Hindustan Sanitaryware & Industries Limited10.3.1. Company overview10.3.2. Key executives10.3.3. Company snapshot10.3.4. Operating business segments10.3.5. Product portfolio10.3.6. Business performance10.4. JACUZZI INC.10.4.1. Company overview10.4.2. Company snapshot10.4.3. Product portfolio10.4.4. Key Strategic Moves and developments10.5. JAQUAR GROUP10.5.1. Company overview10.5.2. Key executives10.5.3. Company snapshot10.5.4. Product portfolio10.5.5. Key Strategic Moves and developments10.6. KOHLER CO.10.6.1. Company overview10.6.2. Key executives10.6.3. Company snapshot10.6.4. Product portfolio10.6.5. Key Strategic Moves and developments10.7. OVE DECORS ULC10.7.1. Company overview10.7.2. Company snapshot10.7.3. Product portfolio10.8. RAK CERAMICS P. J. S. C10.8.1. Company overview10.8.2. Key executives10.8.3. Company snapshot10.8.4. Operating business segments10.8.5. Product portfolio10.8.6. Business performance10.9. ROCA SANITARIO, S. A.10.9.1. Company overview10.9.2. Key Executive10.9.3. Company snapshot10.9.4. Product portfolio10.9.5. Business performance10.9.6. Key Strategic Moves and developments10.10. TOTO LTD10.10.1. Company overview10.10.2. Key executives10.10.3. Company snapshot10.10.4. Operating business segments10.10.5. Product portfolio10.10.6. Business performance10.11. VILLEROY & BOCH AG10.11.1. Company overview10.11.2. Key executives10.11.3. Company snapshot10.11.4. Operating business segments10.11.5. Product portfolio10.11.6. R&D Expenditure10.11.7. Business performance

 The Worldwide Bathtub Industry is Expected to Reach .9 Billion by 2027

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